Hidroelectrica San Bartolome (IDBI-12209-01)

Countries
  • Colombia
Where the impacts of the investment may be experienced.
Specific Location
Santander
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • IDB Invest
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jul 30, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
PCH San Bartolome S.A.S. E.S.P.
The holder of the loan, grant, or other investment.
Sectors
  • Energy
  • Hydropower
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Loan Amount (USD)
$ 60.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 128.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IDBI website

Updated in EWS May 8, 2019


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Project Description
<div class="title"><br /><br /><br /><br /><br /><br /> <pre>The IDB Invest loan (hereinafter the &ldquo;Operation&rdquo;) will partially finance the construction of the San Bartolom&eacute; and Oibita hydroelectric plants (the &ldquo;Projects&rdquo;) located in the municipalities of Oiba and Guapot&aacute; (approximately 150 km from Bucaramanga) in the Department of Santander.</pre> </div>
Investment Description
  • IDB Invest
Contact Information

Elisa Padilla, Vice President,
elisa.padilla@hbi.com.co

For project inquiries, including environmental and social questions related to an IDB Invest transaction please contact the client (see Investment Summary tab), or IDB Invest using the email divulgacionpublica@iadb.org. As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to mecanismo@iadb.org or  MICI@iadb.org, or calling +1(202) 623-3952.